March, 2016

• 22 March

  US Commander in Afghanistan apologizes for hospital attack

  Kunduz / AP The new commander of US and NATO forces in Afghanistan apologized on Tuesday to the people of Kunduz for the deadly attack on a hospital in the city last year that killed 42 people. US Army Gen. John Nicholson traveled to the northern city to meet local leaders and relatives of those who died in the Oct. ...

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• 22 March

  Vietnam puts blogger on trial for anti-state posts

  Hanoi / AP A prominent Vietnamese blogger who is a former police officer and the son of a late government minister will be put on trial this week for alleged anti-state postings, his lawyer said on Tuesday. Nguyen Huu Vinh and his assistant, Nguyen Thi Minh Thuy, are accused of abusing democratic freedoms to infringe on the interests of the ...

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• 22 March

  Vessel carrying plutonium departs Japan port for US

  Tokyo / AFP A nuclear transport vessel carrying a huge cache of plutonium—enough to produce 50 nuclear bombs—to be returned to the US left a Japanese port on Tuesday afternoon. The stockpile, provided by the United States, Britain and France decades ago for research purposes, is being shipped to the US as part of a bilateral storage deal. Television footage ...

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• 22 March

  Clinton, Donald Trump exchange jabs in addresses to pro-Israel lobby

  

  Washington / AFP Hillary Clinton and Donald Trump exchanged jabs as they separately courted a massive crowd of pro-Israel lobbyists, putting their differing views on supporting the Jewish state front and center in their White House battle. Democrat Clinton positioned herself as an unwavering friend to Israel, while bashing her rival as prejudiced and insufficiently supportive of one of America’s ...

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• 22 March

  Good news for discouraged workers

  

  Surprise: America’s discouraged workers are finding jobs — or so it seems. Unanticipated by many economists, this is good news for the country (and, assuming it continues, probably for Democrats this fall). Ever since the Great Recession, economists have worried that the severity and length of the slump would forever consign many workers to the sidelines. Their prolonged disconnect from ...

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• 22 March

  Obama makes the right moves towards Cuba

  With Barack Obama becoming the first US president to set foot on Cuban soil in 88 years, the US-Cuban relations are taking a new turn towards normalization after long decades of animosity. The trailblazing visit would gradually usher in a new era of bilateral economic ties. The US businesses see potential in Havana and on the island’s beaches where tourism ...

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• 22 March

  Chinese students are only benefiting US universities

  A new piece in Wall Street Journal discusses how the increasing number of Chinese students at U.S. universities generates discord within them, emanating from cultural shocks, academic dishonesty, and pedagogic challenges. To some degree, all these concerns are legitimate and they reflect a general picture of the shortcomings of the Chinese educational system, which tends to put more emphasis on ...

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• 22 March

  Tackling the Asia-Pacific’s inequality trap

  Rising inequality threatens to derail, from the start, successful implementation of the new 2030 Agenda for Sustainable Development in the Asia-Pacific region. Stronger, more equitable social protection will be critical in overcoming these challenges. New research by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) indicates that inequality, related to both outcomes and opportunities, is ...

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• 22 March

  Expensive Asia? At least some are still smiling

  

  Singapore has retained its unenviable ranking as the world’s most expensive city for the third straight year, with Hong Kong and Seoul also joining the top 10 list. But while residents of the powerhouse Southeast Asian economy are likely not exactly celebrating their status, at least those residing Down Under can still see the joy in life’s lot while they ...

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• 22 March

  Friedman’s ‘Helicopter Money’ looks less crazy

  

  Increasingly, central bankers, economists and market watchers are discussing the pros and cons of what’s called helicopter money, a 47-year old idea that posits a way to kickstart an economy through dropping money on its citizens. Peter Praet of the European Central Bank, for example, said in an interview published last week that “all central banks can do it” if ...

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